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The Vending Machine Operator Industry Includes About 5,000 Companies With Combined Annual Revenue of About $6 Billion

Posted on: Thursday, 6 December 2007, 09:00 CST

Research and Markets (http://www.researchandmarkets.com/reports/c76568) has announced the addition of 'Vending Machine Operators - Industry Profile' to their offering.

Covering over 175 industries and updated every 90 days, the First Research Industry Profiles do the heavy lifting for you - saving your sales team valuable research time, enhancing client communications and giving you the competitive edge to win more business.

Easy-to-use and up-to-date, the Industry Profiles provide you with the industry research necessary to stay on top of constant changes in select industries.

The First Research profiles help target your products and services directly to prospects. The Industry Profiles provide the information and understanding you need to engage new prospects during the sales process, deepen customer relationships and strengthen your own bottom line.

Content Outline:

Executive Summary

Brief Excerpt from Industry Overview Chapter:

The vending machine operator industry includes about 5,000 companies with combined annual revenue of about $6 billion. Major companies include divisions of Coca-Cola, Compass Group, ARAMARK, and Sodexho. The industry is fragmented: the top 50 companies are about 40 percent of industry sales.

COMPETITIVE LANDSCAPE

Consumer spending and business growth drive demand, since many vending machines are located in workplaces. The profitability of individual companies depends on effective merchandising, reliable service and maintenance, and securing prime locations. Large companies can offer a wide product selection, service large accounts, and enjoy scale advantages in purchasing, finance, and distribution. Small companies can compete effectively by serving a local market, providing superior customer service, or offering unique products. The industry is labor-intensive: average annual sales per employee are about $100,000.

Vending machine operators compete with companies providing food and beverages, including restaurants, grocery stores, convenience stores, and coffee shops.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products sold include cold beverages (40 percent of industry sales) and candy and snacks (30 percent). Other products include hot beverages, hot and cold meal products, ice cream, and cigarettes. The majority of cold beverages sold are soft drinks in cans, bottles, or cups. Candy includes chocolate, gum, and mints. Snacks include salty snacks (potato chips and pretzels); baked goods (cookies and cakes); crackers, nuts, and seeds; and nutritious bars. Companies may also offer office coffee services (OCS) and provide brewing machines.

Chapter Titles:

Industry Overview

Quarterly Industry Update

Business Challenges

Trends AND Opportunities

Call Preparation Questions

Financial Information

Industry Forecast

Website and Media Links

Glossary of Acronyms

For more information visit http://www.researchandmarkets.com/reports/c76568

Source: First Research

Source: Business Wire

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